With an LTC Plan
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Without an LTC Plan
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| You have a professional care coordinator who will help you plan a program of care. |
Someone in your family must take the time to do research and decide who will take care of you. |
| Your family can be a part of the care planning process but do not have to be the planners. |
Your family must do all of the planning and searching for quality providers. |
| You will have the money to pay for quality care and not have to deplete your savings. |
You could be forced to take between $40K – $100K out of your savings and income each year to pay for care. |
| Your loved ones can continue on with their normal life. |
Family members involved with your care will be chained to your needs and may come to resent you. |
| It will be easier for your family to attend to your needs out of love and not obligation. |
Your family will have no choice but to deal with your problems at their expense. |
| You will be able to stay at home longer. |
You may be forced to enter a nursing home prematurely. |
| You will be able to leave some of what you worked hard for all your life to your children or a charity. |
You may have to use up all of your assets to pay for care. |
| You will have the peace of mind knowing that what you worked hard to attain will not be used up in a few short years by paying for care in the end. |
The biggest reason for financial failure among seniors today is the cost of long-term care. |
| You would be able to stay with your children without depending on them for all of your care. |
Because your children have busy lives, they may not be able to keep you in their home and provide for your care. |
| One family member won’t be stuck providing all of your care. |
Often family members come to resent one another because one feels he or she is providing more care or spending more money. |
| Long-term care funds are available so that you will be able to choose what kind of care you want and who will provide it. |
You and your family may have to make choices based on your ability to pay rather than on your needs or preferences. |
